MovieBloc (MBL) is Ontology’s blockchain-based decentralized movie and content distribution platform. The project aims to create a transparent revenue sharing, audience data and equal screening opportunities for content creators; viewers will have access to a variety of content, be rewarded for providing marketing materials and curated for the ecosystem. By using blockchain technology, MovieBloc provides a solution that allows everyone, including viewers and content producers, to contribute to the network to receive worthy rewards. MovieBloc’s goal is to become an ecosystem delivering a ‘participant-centric movie. By co-working with KMPlayer, a multimedia player with over 300 million users, MovieBloc will not only provide film producers with an equal opportunity to create and show their films, but also bring various movies at a reasonable price to MovieBloc users.
MovieBloc will run blockchain-based online festivals to discover quality movies and talented new creators. The festival will be held every quarter and give out rewards worth 10,000 USD to the contest winners. Producers can attain recognition and monetary reward from the festival, which will motivate them to continually upload high-quality movies on MovieBloc.
MBL is a native token of the MovieBloc ecosystem, operating on Ontology platform, and can be used to: